~snip~
Thats because an ICO these days are a good speculative investment. The returns are usually 100% or more. I havent seen an ICO token that didnt sell in an exchange without any profit. We should better make money because the market will not be always in the same sentiment.
No, the return is not always 100% or more once you have invested in ICO. There are some new projects which the price of ICO still same or lower than their ICO price. The recent example is HMQ (Humaniq) coin, their ICO price was around 4k sats (some people said 5k sats, but whatever), Now, as you can see on Bittrex, their price fir each HMQ coin is around 3,5k sats which lower than their ICO price.
its happen for all ICO like ICONOMI last year the ICO price was around 0.00021
BTC but after a few days in the exchanger the price was decreased almost 0.00013 and after that a few months again their price increased almost 4x
i hope the price of this coin will increase 10x in the 1 month after added into the exchange
While i agree that not all project had there price increase after ico also not all of them have price decrease after ico it is totally depends on the
project and how good it is . Also the main factor to determine if the price gonna increase or decrease is the bounty and giveaway that handed during
ico the more bounty and more giveaway = more dump or less increase *2 instead *3 or 4 it is because most people taking this bounty or giveaway
is taking it to sell ( less interest on holding the token they have ) . We not have this factor in this project no giveaway and no bounties which is
amazing the only people have this token is the people interest in it and prob plan to hold on it for sometime so i see a good increase once ico ends
and this token hit an exchange .